People

Scott Thomasson

Scott Thomasson is the economic and domestic policy director for the Progressive Policy Institute. Follow @st_ppi

Writings

Blog

By / 9.21.2010

President Obama stood his ground on his tax plan during Monday’sCNBC town hall forum, arguing that he can’t make the math work for both keeping the deficit in check and giving away tax breaks to the richest two percent of Americans.  When asked about possibilities for compromise, including cutting rates for households with incomes between […]

Blog

By / 9.15.2010

The good news out of Congress yesterday is that the Senate actually broke through the infamous 60-vote barrier to move forward on the small-business relief bill.  The bill itself is a good thing, and no doubt good news for small businesses struggling to thrive in this sideways economy.  For me, the even bigger story is […]

Blog

By / 9.7.2010

In his speech in Milwaukee yesterday, President Obama laid out a proposal for smart, responsible investment in economic growth by addressing the urgent need to improve our nation’s infrastructure.  Compared to other economic measures that have been put on the table, economists tell us that infrastructure financing will generate the most bang for our buck, […]

Blog

By / 8.31.2010

On Friday, I wrote about the current tax debate and bemoaned the failure of Democrats to frame the debate around a more comprehensive proposal of their own, instead of just talking about a more progressive version of the Bush tax cuts.  I concluded with my hope that President Obama will put forward his own package […]

Blog

By / 8.27.2010

There has been growing chatter this week in response to James Surowiecki’s recent piece in The New Yorker suggesting we create a new, higher-rate tax bracket for the “super rich.”  It’s the kind of side story I should expect to see and not take too seriously when major tax changes are on the political agenda.  […]

Blog

By / 8.18.2010

I wrote last week about the political rhetoric of “uncertainty,” both real and imagined.  My thinking was that Republicans should be called out for their recent talking points that attribute our continued economic woes to fears and uncertainties created by the Democrats’  agenda, but that we should be careful not to dismiss legitimate problems of […]

Blog

By / 8.17.2010

The GSE conference at Treasury today included plenty of big names and good thoughts about the lingering question of how to restructure Fannie and Freddie before releasing them back into the wild.  But one thing missing from the agenda was a sense of urgency.  The conference wasn’t intended to move GSEs up on the agenda […]

Blog

By / 8.12.2010

Ezra Klein joined others this week in mocking the “uncertainty” rhetoric that Republicans and some business leaders have been parroting to argue for lower taxes and lighter regulation.  As Stan Collander, Brad DeLong, and Ezra himself have all done an excellent job of arguing, there is plenty of reason for ridicule.  Most of the talk […]

Blog

The economic news out of Washington this week has an eerie ring of déjà vu: Congress just passed an emergency spending bill, the Fed is buying debt securities to keep the economy from sliding toward collapse, and the Administration announced it is committing billions of dollars to mortgage relief for homeowners facing foreclosure. To be […]

Blog

By / 8.10.2010

The Federal Reserve’s outlook on the economic recovery continues to get gloomier.  In its statement released following the FOMC meeting today, the Federal Reserve acknowledged that “the pace of recovery in output and employment has slowed in recent months,” and “economic recovery is likely to be more modest in the near term than had been […]